The Aerospace Industries Association strongly urges Congress to pass the bipartisan agreement reauthorizing the Export-Import Bank. With the May 31 deadline swiftly approaching, it is imperative that Congress act quickly.
“This agreement helps level the playing field versus foreign competitors who receive substantial financing from their own governments,” said AIA President and CEO Marion C. Blakey. “We can’t expect American companies to compete with one hand tied behind their backs.”
The Cantor-Hoyer agreement reauthorizes the Export-Import Bank for three years and extends its lending authority to $140 billion. The bank has generated more than $4…
Marion C. Blakey, President and CEO
June 5, 2012